Updates
Noida Toll Bridge Company Ltd has submitted to BSE a copy of a letter to the Shareholders, updating them about proceedings before the Honble Supreme Court of India in the matter of NTBCL v. FONRWA & Ors, SLP(C) 36526/20/6 (D).The Company will be uploading this letter on the website of the Company at www.ntbcl.com. Updates
With reference to the earlier letter dated October 28, 2016, stating that the Honble Supreme Court of India was expected to deliver an interim order after the Diwali break, Noida Toll Bridge Company Ltd has now informed BSE that the Honble Supreme Court has issued an Interim Order dated November 11, 2016 in the case of NTBCL v. FONRWA & Ors. (SLP (D) No. 36526/2016).... Making DND flyway toll-free can ring death knell for private investment in India's infrastructure
Introducing an extraneous adequacy of profit" concept that is alien to the original contract can have profound and fundamental implications.
DND flyway to remain toll free for now, says Supreme Court
The Supreme Court on Friday refused to stay an Allahabad High Court (HC) order restraining Noida Toll Bridge Company Ltd from levying toll on the DND flyway Updates
Noida Toll Bridge Company Ltd has informed BSE that the Company has filed an appeal before the Honble Supreme Court of India against the judgement of the Honble High Court of Allahabad in case of FONRWA Vs NTBCL that had been delivered on October 26, 2016.The Appeal has been admitted on October 28, 2016 by the Honble Supreme Court of India and an interim order is expected to be delivered after the Honble Supreme Court resumes after the Diwali break. Noida Toll Bridge Company's Scrip Plunges by Almost 20 per cent
The scrip of IL&FS Transportation Networks, slipped by 1.54 per cent at Rs 111.60.
No toll tax on DND flyway, says Allahabad High Court
Allahabad High Court on Wednesday ruled that henceforth no toll tax shall be taken from those using the 9.2-km-long, eight-lane Delhi-Noida Direct (DND) flyway. Updates
Noida Toll Bridge Company Ltd has informed BSE that:"As has been disclosed in the annual reports of the Company, the local resident welfare associations (Federation of Noida Resident Welfare Associations FONRWA) had filed a Public Interest Litigation in the Allahabad High Court challenging the validity of the Concession Agreement entered into between NOIDA and Noida Toll Bridge Company. The PIL had been filed in the year 2012.... DND flyway connecting Noida with Delhi made toll free
The DND flyway across Yamuna river connects Noida (Uttar Pradesh) with Delhi. Various organisations and associations in Noida and Greater Noida have been calling for the remove of toll tax on Delhi- Noida direct flyway. Shareholding for the Period Ended September 30, 2016
Noida Toll Bridge Company Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2016. For more details, kindly Click here